Almondz Global Securities

NSE Announcements on Almondz Global

Posted by : MMB Messenger

Almondz Global Securities Limited has informed the Exchange that pursuant to the provisions of Section 192A of the Act, read with the Companies (Passing of the Resolution by Postal Ballot) Rules, 2001, the consent/ approval of the shareholders for the following purpose is required to be obtained by way of postal ballot: 1) Pursuant to the applicable provisions of Section 293(1)(a) and other applicable provisions of the Companies Act, 1956, if any, for sale, transfer of otherwise disposal of the Debt Portfolio Management Division of the Company to its wholly owned subsidiary namely Almondz Finance Ltd. 2) Pursuant to the applicable provisions of Sections 198, 269, 309, 310 and any other applicable provisions of the Companies Act, 1956 ("the Act") as to modification in the terms of managerial remuneration of Mr. Vinay Mehta, Managing Director of the Company. 3) Pursuant to the applicable provisions of Sections 198, 269, 309, 310 and any other other applicable provisions of the Companies Act, 1956 ("the Act") as to modification in the terms of managerial remuneration of Mr. Navjeet Singh Sobti, Executive Vice Chairman of the Company. 4) Pursuant to the applicable provisions of Sections 198, 269, 309, 310 and any other applicable provisions of the Companies Act, 1956 ("the Act":) as to modification in the terms of managerial remuneration of Mr. Jagdeep Singh, Wholetime Director of the Company. 5) Pursuant to the applicable provisions of Section 31 of the Companies Act, 1956 as to alteration in the Articles of Association of the Company. The Board of Directors has appointed Ms. Ashu Gupta, Practicing Company Secretary, New Delhi, as Scrutinizer for conducting the Postal Ballot process in a fair and transparent manner. The duly completed postal ballot form should reach the Scrutinizer on or before the close of working hours on December 08, 2008. The Scrutinizer will submit her report to the Managing Director/ Wholetime Director of the Company after completion of the Scrutiny of the postal ballots and the results will be announced by either of the said Directors or the by the Company Secretary in their absence, on December 09, 2008. A copy of notice of the Postal Ballot shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

NSE Announcements on Almondz Global

Posted by : MMB Messenger

Almondz Global Securities Limited has informed the Exchange that pursuant to the provisions of Section 192A of the Act, read with the Companies (Passing of the Resolution by Postal Ballot) Rules, 2001, the consent/ approval of the shareholders for the following purpose is required to be obtained by way of postal ballot: 1) Pursuant to the applicable provisions of Section 293(1)(a) and other applicable provisions of the Companies Act, 1956, if any, for sale, transfer of otherwise disposal of the Debt Portfolio Management Division of the Company to its wholly owned subsidiary namely Almondz Finance Ltd. 2) Pursuant to the applicable provisions of Sections 198, 269, 309, 310 and any other applicable provisions of the Companies Act, 1956 ("the Act") as to modification in the terms of managerial remuneration of Mr. Vinay Mehta, Managing Director of the Company. 3) Pursuant to the applicable provisions of Sections 198, 269, 309, 310 and any other other applicable provisions of the Companies Act, 1956 ("the Act") as to modification in the terms of managerial remuneration of Mr. Navjeet Singh Sobti, Executive Vice Chairman of the Company. 4) Pursuant to the applicable provisions of Sections 198, 269, 309, 310 and any other applicable provisions of the Companies Act, 1956 ("the Act":) as to modification in the terms of managerial remuneration of Mr. Jagdeep Singh, Wholetime Director of the Company. 5) Pursuant to the applicable provisions of Section 31 of the Companies Act, 1956 as to alteration in the Articles of Association of the Company. The Board of Directors has appointed Ms. Ashu Gupta, Practicing Company Secretary, New Delhi, as Scrutinizer for conducting the Postal Ballot process in a fair and transparent manner. The duly completed postal ballot form should reach the Scrutinizer on or before the close of working hours on December 08, 2008. The Scrutinizer will submit her report to the Managing Director/ Wholetime Director of the Company after completion of the Scrutiny of the postal ballots and the results will be announced by either of the said Directors or the by the Company Secretary in their absence, on December 09, 2008. A copy of notice of the Postal Ballot shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).